Erste Bank JPMorgan Merrill Lynch International

CONSOLIDATED BALANCE SHEET AS OF 31 DECEMBER 2006
LIABILITIES AND SHAREHOLDERS’ EQUITY
in EUR ’000
Notes 31.12.2006 31.12.2005
A. Shareholders’ equity*) ............................. 13
I. Share capital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109,009 109,009
II. Capital reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,035,029 1,035,029
III. Retained earnings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 775,701 446,790
IV. Other reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 292,670 410,664
V. Minority interests. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,799 57,840
Total shareholders’ equity .......................... 2,283,208 2,059,332
B. Subordinated liabilities ............................ 14 413,200 413,200
C. Underwriting provisions
I. Unearned premiums . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 765,602 627,653
II. Mathematical reserve . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 10,477,880 9,391,517
III. Provision for outstanding claims . . . . . . . . . . . . . . . . . . . 17 2,644,255 2,307,272
IV. Provision for profit-independent premium refunds . . . . . . 18 36,792 30,950
V. Provision for profit-dependent premium refunds. . . . . . . . 18 687,725 713,661
VI. Other underwriting provisions . . . . . . . . . . . . . . . . . . . . . 19 16,167 15,239
Total underwriting provisions ....................... 14,628,421 13,086,292
D. Underwriting provisions of unit- and index-linked life
insurance ....................................... 20 2,238,861 1,729,868
E. Non-underwriting provisions
I. Provisions for pensions and similar obligations . . . . . . . . 21 526,384 582,702
II. Tax provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 76,859 68,779
III. Other provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 232,391 219,905
Total non-underwriting provisions ................... 835,634 871,386
F. Liabilities ....................................... 24 1,856,439 1,074,731
G. Deferred tax liabilities ............................. 11 121,528 123,944
H. Other liabilities ................................... 25 106,163 82,693
Total LIABILITIES AND SHAREHOLDERS’ EQUITY .......... 22,483,454 19,441,446
*) The change in consolidated shareholders’ equity is presented in Note 13 of the notes to the
consolidated financial statements.
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